What are services provide examples?

A service is an act or use (intangible) for which a consumer, company or government is willing to pay. Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, etc. Most business-to-customer services fall under personal services. Customers pay money to a company or individual and receive a service in return.

As with all services, personal services are intangible, perishable and inconsistent. For example, you can pay a doctor to perform a medical procedure, but you won't buy the doctor. When they are finished with the procedure, the transaction will be completed. Goods and services are the result of an economic system.

Goods are tangible items sold to customers, while services are tasks that are performed for the benefit of recipients. Examples of products include cars, appliances, and clothing. Examples of services include legal advice, house cleaning and consulting services. The result of a company may lie somewhere in between these two concepts.

For example, a landscaping company could sell an owner a tree (goods) and also mow the lawn (a service). Services and goods are pillars of a traditional economy. Companies that provide services offer their customers and customers solutions, and do not involve the transfer or purchase of physical goods, by definition, services are intangible. Services are intangible activities, services, benefits, or assistance that one person or company performs or provides to another.

The recipient of the service generally pays for the service because the service provider possesses a skill or experience required to meet a need based on customer demand. The conference provides a service by offering educational sessions and discussions on various marketing topics, but buying tickets does not mean that you own a part of the conference or the venue where it is held. When companies offer services that a client company can rely on, they are likely to continue their relationship with the service provider. Even if this is the case, the items that a supplier needs to fulfill the service request may continue to exist in inventory or in an unprocessed condition, but the service provider will not use them until there is a customer consuming the service.

Despite their lack of physicality, services can be of great value, and customers, customers, and client companies often seek services to solve problems or respond to internal challenges or changes in the industry. For example, an information technology service provider that specializes in providing support services for a particular software can quickly train and learn about a new version of that software and immediately begin marketing it as an area of expertise. Includes companies engaged in transportation, food service, distribution, retail and other industries that sell services instead of products. Not only can each service provider differ, but the way in which the consumer perceives the quality of the service they receive can also differ.

While what a service person provides may result in a tangible object, the service itself is not tangible. Although service delays do occur, such as when you have to wait a long time to order food at a restaurant, a delay after ordering a product is more common due to the delay between the time a company produces the product and the time the buyer purchases it. For example, a training manager may have all of his worksheets in one warehouse, but he cannot provide the training service to employees unless there are people who have enrolled in his training class. While consumers make purchasing decisions about the goods they want to own, customers of services need to interact more with many services and make decisions there as well.

Examples of service businesses include companies engaged in transportation, food service, distribution, retail, and other industries that sell services instead of products. However, is there a distinction between perishable and imperishable in services? Services can be described as perishable but not imperishable. This can be confusing because it seems that streaming services and newspaper subscriptions are services, not goods. .


Arthur Cartner
Arthur Cartner

Award-winning social media scholar. Friendly zombie advocate. Infuriatingly humble burrito guru. General travel ninja. General beer scholar.

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